Jushi (OTCMKTS:JUSHF – Get Free Report) issued its quarterly earnings results on Tuesday. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by ($0.02), Zacks reports. The business had revenue of $68.34 million during the quarter, compared to analysts’ expectations of $67.50 million.
Jushi Stock Performance
Shares of Jushi stock opened at $0.52 on Thursday. Jushi has a 52-week low of $0.23 and a 52-week high of $0.98. The company has a fifty day moving average of $0.51 and a 200-day moving average of $0.58. The stock has a market capitalization of $102.16 million, a price-to-earnings ratio of -1.48 and a beta of -0.91.
Analyst Ratings Changes
Separately, ATB Cormark Capital Markets lowered Jushi from a “strong-buy” rating to a “moderate buy” rating in a research report on Wednesday. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy”.
About Jushi
Jushi Holdings Inc is a vertically integrated cannabis company engaged in the cultivation, manufacturing and sale of cannabis products across the United States. The company operates cultivation and processing facilities that support a diversified portfolio of consumer brands, serving both medical and adult-use markets. Through its in-house operations, Jushi produces hand-trimmed flower, pre-rolls, vaporizers, concentrates, edibles and topicals.
Jushi’s brand lineup includes Foray, Levia and Beboe, each designed to address distinct consumer preferences and consumption occasions.
Further Reading
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